KRL 0.00% 14.5¢ kangaroo resources limited

dead in the water, page-14

  1. 1,069 Posts.
    "Maybe more questions need to be asked about why there is not any promotion happening from Australia. That is what we need."

    So make the call sales.If I had any money left in this dog I'd certainly be phoning the MD to ask why the SP had halved in the last 6 months.

    Of course he might ask you exactly how he's supposed to promote a company locked up as collateral in an ongoing legal dispute that has no money, is controlled by an Indonesian company who can play with the SP at will if they so desire, has virtually no market liquidity, who may or may not be take over completely at some point, can't seem to produce decent amounts of coal, is trying to mine in a country of high sovereign risk that looks set to ban the export of low rank thrmal coal and loses tenements which are supposed to be "company makers" (anyone rememebr TJ ?).

    Might be easier to sell hessian undies.
 
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